Now that that’s all cleared up I’ll have one more go at asking
Athos what he meant.
I started by saying that we need to acknowledge the causes of why there are so many refugees, and was accused of trying to blame the working class and make them feel guilty about it. I said that no I wasn’t doing that because it’s not working people who make those sorts of decisions. Seemed fairly uncontroversial to me.
I don’t know what you’re referring to, but it wasn’t the working class who (for example) invaded Iraq. It was the government that decided. That’s the tragedy of the system we have now – working people
don’t get to decide, but have to live with the consequences.
Working people can’t invest the huge amount of money it needs to build houses and create jobs for people. In the system we have now, that’s down to government.
And one more go at investment. I’ve been fairly clear above on what I consider investment to be, but to spell it out. The definition I was using is, from Oxford online:
You have one or more people who invest money (actually time and effort) in a project so that they or others gain some benefit – often but not always money as profit – in the future. The benefit gained normally greatly outweighs the time and effort invested.
Or at least that’s what I’ve meant when I’ve used the term over the last 30 years talking about energy efficiency, and it translates well to providing jobs and building houses – as I remarked referring to Corbyn’s plan to use peoples’ quantitative easing to finance the public works he’s planning.
Now, you’ve made the claim that I don’t understand investment. Please say why.